Company / SG&A Expense
Hut 8 Corp. SG&A Expense History
FY2022-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$122.8M
FY2025
5-year range
$31.3M / $122.8M
FY2022-FY2025
Trend
+68.4%
vs FY2024
Sector context
#87 of 138
Financials
What the data says
At $123M, Hut 8 Corp.'s sg&a expense ranks #52 of 138 in the Financials sector. SG&A Expense has increased for 3 consecutive years, from $31M in FY2022 to $123M in FY2025.
Based on SEC 10-K filings.
$123M in FY2025 with a 3-year CAGR of +57.7%.
Increased from $38M to $123M over the past 2 years.
Financials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +57.7%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
#52 of 138 in FinancialsTop 37% of 138This company $122.8M Sector average $902.3M
▼
-86.4% below sector average
Key checks
Key Insights
- Hut 8 Corp.'s sg&a expense has grown for 3 consecutive years.
- 3-year CAGR of +57.7%, indicating consistent growth.
- In FY2025, sg&a expense increased 68.4% year-over-year.
- Ranks #87 out of 138 companies in the Financials sector.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 0.18 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $122.8M | +68.4% |
| FY2024 | $72.9M | +94.2% |
| FY2023 | $37.5M | +19.9% |
| FY2022 | $31.3M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026